Allianz Global Corporate & Specialty (AGCS) has a long experience in cyber insurance, protecting organizations against cyber crime and digital threats. That's why we are able to offer you a range of cyber insurance products ranging from specialist, standalone cyber insurance to dedicated cyber risk coverage in traditional property and casualty policies.
The types of risks we cover include first-party losses (e.g. business interruption, restoration, and crisis communications) and third-party losses, (e.g. data breaches, network interruption, and notification expenses). However, cyber insurance offers much than just compensation for potentially significant financial losses.
We offer our clients valuable prevention and incident response services through our global partner network. These help companies to improve their cyber resilience and mitigate negative impacts after an incident. These services include 24/7 access to IT forensic experts or legal or crisis communications support.
The Allianz Cyber Center of Competence is embedded into AGCS and focuses on Group-wide coordination and alignment of cyber exposures and underwriting in the corporate and commercial insurance segment.
